
Nearly half of employers lack oversight on car allowance spending – Tusker
The report showed 46% of businesses had no oversight, raising concerns over cost control, emissions reporting and duty of care.

The report showed 46% of businesses had no oversight, raising concerns over cost control, emissions reporting and duty of care.

Phil Wilbraham said: “We are fully focused on simplifying Salary Sacrifice for all parties and confident that our new offering will shake up the market."

Europcar Mobility Group UK has introduced Flex Model Choice, a flexible rental solution which enables employers to plan vehicle allocation and forecast Benefit-in-Kind tax costs more accurately while avoiding early exit fees.

The acquisition aims to enable loveelectric to integrate Bypass’s real-time card issuing and app technology into a new employee benefit.

Sustainability has overtaken traditional drivers in the rise of EV salary sacrifice schemes, with 52% of employers citing it as a key reason for adoption, according to Tusker.

Employers said that removing NIC exemptions would likely affect staff morale, but a cap would be easier to explain to employees.

The survey, conducted by Venson Automotive Solutions, showed that 40% are motivated by wanting to switch to an EV.

Research from Tusker found that 31% of HR and benefits professionals saw employee experience as the main focus.

The achievement followed the launch of reloved®, a salary sacrifice marketplace for used EVs.

The scheme allows employees to exchange a portion of their salary for a leased electric or plug-in hybrid vehicle.

The salary sacrifice scheme, introduced in January as part of Warp Snacks’ People and Planet goals, is available to approximately 130 eligible staff.

These tools aim to save advisers time and help them stay informed about pension and policy changes.
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